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Stock Market & Financial Investment News

News Breaks
August 11, 2014
08:34 EDTKRAKraton Performance receives termination notice of combination agreement from LCY
Kraton Performance announced that on August 8, 2014 it received notice from LCY Chemical Corp. that LCY had exercised its right to terminate the Combination Agreement between Kraton and LCY following the Kraton board's August 6, 2014 withdrawal of its recommendation that Kraton's stockholders approve the Combination Agreement. The termination notice from LCY declared that the termination was effective as of August 8.
News For KRA From The Last 14 Days
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February 4, 2016
05:48 EDTKRAKraton Performance reports preliminary Q4 revenue $248M, consensus $251.2M
Reports Q4 sales volume 74.9 kT. Kraton also provided preliminary fourth quarter and full year 2015 results for Arizona Chemical Holdings Corporation, including revenue of $186M and sales volume of 90.1 kT.
February 3, 2016
06:47 EDTKRAPolyOne acquires certain TPE assets from Kraton Performance
PolyOne (POL) announced it has acquired certain technologies and assets from Kraton Performance Polymers (KRA). The two companies also entered into a supply agreement, whereby Kraton will provide PolyOne certain raw materials used in production for the acquired business. The end markets utilizing the acquired technologies span new and fast growing applications in adhesive and removable protective films, as well as existing applications served by PolyOne, such as packaging, medical devices and personal care products. The purchase price of $72M represents a multiple of 9x EBITDA.

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